Everspin secures $40 million defense contract for MRAM technology
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Everspin Executes $40M Agreement for Mil-Aero MRAM Applications
April 30, 2026 9:00 AM EDTEverspin expands on-shore Toggle MRAM technology capabilities, adding support for U.S. government initiatives
CHANDLER, Ariz.--(BUSINESS WIRE)-- Everspin Technologies, Inc. (NASDAQ: MRAM), the worlds leading developer and manufacturer of Magnetoresistive Random Access Memory (MRAM) persistent memory solutions, today announced an agreement with a U.S. prime contractor to provide state-of-the-art Toggle MRAM process technology capabilities and engineering services for United States Defense Industrial Base customers.
This work builds on Everspins long history supporting U.S. DoW programs where performance, reliability, longevity and U.S. domestic production... More
